Energy Update

You are here

ALGIERS, March 3 (Reuters) - Algeria's state energy company Sonatrach has awarded Japanese firm GJC a $339 million contract to help increase production at its largest oilfield in Hassi Messaoud, according to an internal Sonatrach document seen by Reuters on Thursday.

BARCELONA, March 3 (Thomson Reuters Foundation) - From fuel made out of waste in Uganda to healthy nut snacks in Nicaragua, small firms in developing countries will get direct links to international investors under a new scheme to help them expand and bring extra income to poor communities.

NEW YORK/HOUSTON, March 3 (Reuters) - Aubrey McClendon, the oil and gas entrepreneur whose outsized ambition and high tolerance for risk made him a leading figure in the American energy revolution, died after crashing his car into a concrete wall on Wednesday in Oklahoma City.

WASHINGTON, March 3 (Reuters) - U.S. regulators said on Thursday they are reopening a proposal to boost fuel efficiency of medium and heavy duty trucks through 2027, asking for additional public comments on the planned toughening.

DUBAI, March 3 (Reuters) - No decision on the date or venue of a possible meeting between OPEC and non-OPEC producers has been made yet, a Gulf OPEC delegate said on Thursday.

MOSCOW, March 3 (Reuters) - Russia's largest oil producer Rosneft said on Thursday the Vankor-Purpe oil pipeline, a link for delivering crude to China, was damaged after a power failure and that the company would need about 24 hours to repair it.

LONDON, March 3 (Reuters) - U.S. exports of distillate fuel oil have been basically flat since 2013, ending years of strong growth, as U.S.

Platts senior news editors discuss how the oil industry is adapting following a Q4 2015 earnings season in which oil companies took another severe hit from low oil and gas prices.

WASHINGTON, March 3 (Reuters) - The U.S. Supreme Court sided with the Obama administration on Thursday in rebuffing a bid by 20 states to halt an Environmental Protection Agency rule to curb emissions of mercury and other toxic pollutants from power plants.

BRASILIA, March 3 (Reuters) - Brazil's economy contracted sharply in 2015 as businesses slashed investment plans and laid off more than 1.5 million workers, official data showed on Thursday, setting the stage for what could be the country's deepest recession on record.

Pages

GET IN TOUCH

  • 1875 I Street NW, International Square, 
       Washington, District Of Columbia, 20006
  • Phone: +1 (888) 317-3839
  • Email: info@mglllc.com

About

Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.